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and china. very similar. some countries and south america if you actually look at a robust economy it does not help. in fact, the very large coefficient is a good reason to get the lower income people to try to rebel against the older in society. it is not a good index of stability. dennis: and get across asia 1 billion people tripled their per-capita income to move into the middle-class despite this wide gap between rich and poor. why is it that some of the focus here in this nation from the democrats, from liberals is on trying to pound down wealth at the top instead of figuring out to create jobs and left the bottom? >> i don't think that this is actually correct. i am not sure where you're getting your information from, but i don't think that is our concern with the wealth inequality. in fact, our concern is just at the bottom. for example, if you take the u.s. and you divide the u.s. the net wealth. you ask yourself the conditions under which somebody in that population, 40 percent of the u.s. to cover h
and china. very similar. some countries and south america if you actually look at a robust economy it does not help. in fact, the very large coefficient is a good reason to get the lower income people to try to rebel against the older in society. it is not a good index of stability. dennis: and get across asia 1 billion people tripled their per-capita income to move into the middle-class despite this wide gap between rich and poor. why is it that some of the focus here in this nation from the...
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Mar 14, 2013
03/13
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MSNBCW
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>> i looked into the research of china after i decided, eventually, i looked into it. this is going live. if i'm going to do it, i'm going to do it the biggest way i possibly can. i'm going to make sure as many people hear his words and his words only. i felt an obligation. people can decide for themselves whether they agree with him or not but i felt it was my duty to make sure as many people heard of it as possible. i started doing my homework. i wanted to find out what factory he was talking about and have back up there. it led me to an article in mother jones. he did an article about global tech. >> you were thinking in the research you were doing and the articles you read that this is what romney was talking about? >> i thought so. it was a small appliance factory, large factory. there's pictures online. i was able to find a photo of the factory. it was as described, barbed wire, guard towers, huge fraktry. i lined up. >> that took you to what conclusion? >> it took me to, you know, moving forward james carter was noted as a research assistant in that article. >>
>> i looked into the research of china after i decided, eventually, i looked into it. this is going live. if i'm going to do it, i'm going to do it the biggest way i possibly can. i'm going to make sure as many people hear his words and his words only. i felt an obligation. people can decide for themselves whether they agree with him or not but i felt it was my duty to make sure as many people heard of it as possible. i started doing my homework. i wanted to find out what factory he was...
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Mar 11, 2013
03/13
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FBC
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the china same-store sales. 13 percent growth. so with all about china and remember, chinese new year had positive impact in february. we're coming from a lower base. one year ago the stock had gotten clobbered on issues related to the quality of chicken. they're working on fixing that issue. you can see a slight turnaround is enough to do some stock right now. david: and it is time for. >> caller: of some of the day's other headlines. five stories in one minute. minnesota taxpayers are being warned not to use popular tax return programs lector attacks. discovered problems with its tax programs including turbot tax. officials say the errors may cause tax returns to be delayed. the chinese economy unexpectedly slowing. retail sales grew only 12%. analysts expecting 15%. a slowdown could be caused by a reduction in government spending. reporting nationwide property listings down 17% in late february compared to one year ago. some california markets, listing for down 40%. securities and exchange commission charging illinois with misl
the china same-store sales. 13 percent growth. so with all about china and remember, chinese new year had positive impact in february. we're coming from a lower base. one year ago the stock had gotten clobbered on issues related to the quality of chicken. they're working on fixing that issue. you can see a slight turnaround is enough to do some stock right now. david: and it is time for. >> caller: of some of the day's other headlines. five stories in one minute. minnesota taxpayers are...
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Mar 14, 2013
03/13
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CNBC
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this is part of the fact that china is diverging and the u.s. has been moving up. i also want to note that bond etfs are down again today. long term treasuries is corporate bonds. we have had eight down days and only two up days. >> we have breaking news in chicago. a big auction. >> 29 year eleven month. we are adding to this. the fed was purchasing back on a buy back yesterday. ult malt yield in this auction, 3.2, or in layman's terms, a whisker under three and a quarter. it just didn't go very well. the wi was flip-flopping but it looked like it was trading 3.23. i give this auction a d plus. the lowest level since august. indirects were a little better. >> thank you very much for that. let's bring in ken any, the director of securities. what do you think about that? what does that talk about where we are? >> it does tell us that we will have to keep a very close watch on rates as bob said before, we have seen the bond funds for days now. and everybody is talking about whether the fed might step away. i don't think that's the case. it is almost like selling them
this is part of the fact that china is diverging and the u.s. has been moving up. i also want to note that bond etfs are down again today. long term treasuries is corporate bonds. we have had eight down days and only two up days. >> we have breaking news in chicago. a big auction. >> 29 year eleven month. we are adding to this. the fed was purchasing back on a buy back yesterday. ult malt yield in this auction, 3.2, or in layman's terms, a whisker under three and a quarter. it just...
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Mar 3, 2013
03/13
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FOXNEWSW
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his company helping china and who is bihind the push to make this international mystery a top u.s. priority . suspended from school over a pop tart. >> i kept on biting it . they looked like it was done. but it wasn't. >> did the officials go too far busting the second grader? >> i am harris faulkner. after months of dire warnings from the president, memberings of congress and officials and all . drama from washington came to sequestration and the cuts are now initial. president obama signed them into affect after democrats and republicans could not reach a deal . the deadline may have come and gone, but the blame game continues . believe it or not, more are just around the corner, we are weeks away from a potential government hut down unless congress can pass a bill . in may, debt ceiling is coming calling. it is it a crisis we have seen including in 2011 and caused our nation to lose the triple a credit rating. mike, republicans, not budging on giving up more tax revenue for cuts. maybe they could be asking for more down the road. >> harris, they are open to closing tax loop hole
his company helping china and who is bihind the push to make this international mystery a top u.s. priority . suspended from school over a pop tart. >> i kept on biting it . they looked like it was done. but it wasn't. >> did the officials go too far busting the second grader? >> i am harris faulkner. after months of dire warnings from the president, memberings of congress and officials and all . drama from washington came to sequestration and the cuts are now initial....
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Mar 8, 2013
03/13
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CNBC
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is china the catalyst for a new market rally? chairman at china markets for j.p. morgan, jane, welcome back. >> thanks for having me. >> let's weigh in on the exports figure. we talk about the markets held hostage to the fed lately. we have also been held hostage to day out of point in china. is this the catalyst for another leg up in the u.s. stock market? >> i think we have to read beyond the headlines when it comes to chinese data. remember last year if february, china had chinese knew year. country was shot for ten days. it may not be directly comparable because of the way the chinese knew year fell in 2012. today's expert numbers were quite encouraging but we have to look beyond headlines. you have to combine january and february numbers to make sense because every single year there's quite a lot of noise early in januarynd february due to the way chinese new year falls every year. >> it also coincides with the start of the 12th national people's congress. and i wonder whether or not it doesn't put more pressure on people's congress to make sure they get a su
is china the catalyst for a new market rally? chairman at china markets for j.p. morgan, jane, welcome back. >> thanks for having me. >> let's weigh in on the exports figure. we talk about the markets held hostage to the fed lately. we have also been held hostage to day out of point in china. is this the catalyst for another leg up in the u.s. stock market? >> i think we have to read beyond the headlines when it comes to chinese data. remember last year if february, china had...
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Mar 27, 2013
03/13
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CNBC
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majority of their revenues from parts of asia or you have seen growth pick up in parts of asia and china as well. i think we have more conviction in the u.s. >> compare that to what we're seeing in the u.s. you're still favorable? >> i think we are. you're seeing a lot of economic data come in slightly better than expected. you have got the housing market where the trend is clearly improving. and ultimately it has an impact on consumption. >> a pleasure to see you. >> back to you. >> you were just talking about europe and let's talk more as cyprus gets ready to put in unprecedented capital control measures. when they open tomorrow morning. the banks are set to open and the world will be watching very closely. and on the ground over there is our chief international correspondent. she's on the phone with us now. what's likely to happen when the banks open tomorrow? we just lost michelle. i think -- let me just play the role here. there are going to be guards in front of the bank. that's right. guards. there will be people at the atms trying to take money out and businesses will be trying t
majority of their revenues from parts of asia or you have seen growth pick up in parts of asia and china as well. i think we have more conviction in the u.s. >> compare that to what we're seeing in the u.s. you're still favorable? >> i think we are. you're seeing a lot of economic data come in slightly better than expected. you have got the housing market where the trend is clearly improving. and ultimately it has an impact on consumption. >> a pleasure to see you. >>...
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. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one rson over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. quest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. ♪ gerri: jcpenney reporting the one of the worst quarters in retail history. is this the end of the road for the troubled company? find out, next. ♪ gerri: well, in what could be one of the worst quarters ever,
. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one rson over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. quest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully...
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according to the demand growth in emerging market like india and china outpacing expected supply. expected to climb in oil prices will be a volatile one. the sudden change in supply and demand having a large effect in the short term. general motors revving up the workhorse, planning to open a ford technology center in the u.s. and will hire 1000 workers to support the in-house resources. gm undergoing a restructuring of the operations with systems in efforts to become more productive. now we continue our "countdown to the closing bell" with liz claman. liz: here is an interesting nugget, there are four stocks up on double the average volume. let's go to nicole picking out the millions of shares in volume trading. >> thousands of stocks trading officially hit the new york stock exchange, we look at the ones that are extremely busy trading on heavy volume. these guys crack me up. stop right now. reaching a level of delirium. that one is a winner up 6%. this is the area we have verafon. an annual high, and up about 10% on an upgrade. a couple of pieces. also, jci at a 52-week high, a
according to the demand growth in emerging market like india and china outpacing expected supply. expected to climb in oil prices will be a volatile one. the sudden change in supply and demand having a large effect in the short term. general motors revving up the workhorse, planning to open a ford technology center in the u.s. and will hire 1000 workers to support the in-house resources. gm undergoing a restructuring of the operations with systems in efforts to become more productive. now we...
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Mar 28, 2013
03/13
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CNNW
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i talked to the top propaganda minister who defected through china. they all indicated that the regime if it's faced with those types of sanctions cannot get the hard currency and cannot sustain the support. and so i would go back to what was tried briefly in 2005 because it just cuts off the flow of the hard currency they need to pay the army to do their weapons buildup. none of that money comes back into the country to help the people in the countryside. i've been in north korea. they're all fending for themselves. the money goes into their weapons programs. and that's why it should be curtailed. that's why the bank accounts should be shut down. >> all right. thank you very much, chairman. we appreciate your time. of course, we'll be following that to see if sanctions will be enough or if the united states will have to do more. if the u.s. is willing to do more. still to come, is the alleged colorado movie theater shooter about to avoid the death penalty? plus, paying big, big bucks for a picasso. elbows are being thrown, literally, over this one. >
i talked to the top propaganda minister who defected through china. they all indicated that the regime if it's faced with those types of sanctions cannot get the hard currency and cannot sustain the support. and so i would go back to what was tried briefly in 2005 because it just cuts off the flow of the hard currency they need to pay the army to do their weapons buildup. none of that money comes back into the country to help the people in the countryside. i've been in north korea. they're all...
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Mar 28, 2013
03/13
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KGO
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it's had problems first, cracks were found on the decks made in china and there are problems with the welds. now, a giant batch will be needing to be reinforced or replaced. >> when opens, it will be safe. >> the issue came to light weeks ago. about 30 metal rods were tightened with nuts that broke. >> in this issue a third party review group helped them determine what this will be and how they'll implement it. >> the faulty bolt jus tims are shown in this caltrans animation. there are 288 of them in all. so far, 96 of the nine to 24 foot rods have been tightened and a third have failed. >> these don't hold the bridge up but do manage to move in a large event. >> most bolts we're talking about are accessible. one third are installed and hard to reach. one idea putting a collar around to he he reinforce them. >> this will be performed as it's designed to.
it's had problems first, cracks were found on the decks made in china and there are problems with the welds. now, a giant batch will be needing to be reinforced or replaced. >> when opens, it will be safe. >> the issue came to light weeks ago. about 30 metal rods were tightened with nuts that broke. >> in this issue a third party review group helped them determine what this will be and how they'll implement it. >> the faulty bolt jus tims are shown in this caltrans...
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and china. china is now accusing us, the united states of attacking two chinese military web sites after report from the a u.s. security firm alleged china was behind hacking attacks on u.s. firms. well, now, we have someone who says the u.s. is financially supporting china's activity. he has a way to end the cyber war. joining me, scott paul, from the alliance for american manufacturing. he is the president. that organization. scott, good to see you. >> good to be with you, david. david: let's get right to it. in what way, what possible way could the u.s. be supporting the chinese attacks on u.s. business? >> well the chinese military and government gets money some way, and one of the primary ways they get it through our trade deficit. we have a $315 billion annual trade deficit with china. and, that costs the united states some jobs. our manufacturing base, and it enriches the regime in beijing. so like it or not, our economic policies have brought trillions of dollars into chinese coffers and
and china. china is now accusing us, the united states of attacking two chinese military web sites after report from the a u.s. security firm alleged china was behind hacking attacks on u.s. firms. well, now, we have someone who says the u.s. is financially supporting china's activity. he has a way to end the cyber war. joining me, scott paul, from the alliance for american manufacturing. he is the president. that organization. scott, good to see you. >> good to be with you, david. david:...
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Mar 17, 2013
03/13
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CNNW
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a curious phenomenon is unfolding in china. hundreds of couples are rushing to marriage bureaus across the country. perhaps the first signs of spring are bringing on a sudden impulse for romance. nope. it's the opposite. these couples are filing for divorce. in each case, a husband and wife mutually agrees to a quick separation, no arguing. how, why? well, actually, it was about money and as aets. you see, a vast majority of these couples are getting divorced so they can avoid a new chinese tax. beijing recently decided to impose a 20% capital gains fee on sales of second homes. so, the theory goes, if you have two homes and you get divorced, you can register each home under separate names. then, if you sell one of those homes, you escape the new tax and then, i guess, you can get remared. the bizarre exploitation of this loophole tells a larger story. at an individual level, it shows the importance of housing as an investment in china. but at the macro level, the story shows how beijing's new leaders are are struggling is to d
a curious phenomenon is unfolding in china. hundreds of couples are rushing to marriage bureaus across the country. perhaps the first signs of spring are bringing on a sudden impulse for romance. nope. it's the opposite. these couples are filing for divorce. in each case, a husband and wife mutually agrees to a quick separation, no arguing. how, why? well, actually, it was about money and as aets. you see, a vast majority of these couples are getting divorced so they can avoid a new chinese...
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Mar 15, 2013
03/13
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FBC
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the biggest casino in the world is in china. the venetian mccallum, 546 houses were featured. when we come back, some reality stars and fashion designers. one of the biggest farce of mtv's reality show, the jersey shore. and you can make money from the world of gambling and you don't even have to step foot on the casino floor. more about gaming stocks next. ♪ live from the golden nugget casino in atlantic city. ♪ [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the ununited stas postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. ♪ gerri: >> a prostitution is legalized and wouldn't that get into your business? >> no. added all. it just takes it out of the hands of the criminals and puts it into the hands of the businessmen. the liquor industry pays $6 billion per year federal taxes. the sex ind
the biggest casino in the world is in china. the venetian mccallum, 546 houses were featured. when we come back, some reality stars and fashion designers. one of the biggest farce of mtv's reality show, the jersey shore. and you can make money from the world of gambling and you don't even have to step foot on the casino floor. more about gaming stocks next. ♪ live from the golden nugget casino in atlantic city. ♪ [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically...
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Mar 11, 2013
03/13
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KPIX
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in china. i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate possible i
in china. i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed...
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Mar 26, 2013
03/13
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FOXNEWSW
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to china. china is terrified if the regime falls and north korea, they're going to have all the refugees in china. so china has an interest, but we need to convince china they need to do something. because north korea's not going to listen to us. >> no, and you're absolutely right. and especially from what you saw the times you've been in north korea. those people can't see themselves. without the chinese help, they give 75, 80% of the food, fuel, and transportation fuel. and without china writing the check those people are shivering and living in the dark. and over the years we've gone to china, please keel with north korea. >> china hasn't wanted to, they have he' been content for the korean peninsula at a low boil and keeps the united states off balance, it keeps the koreans and japanese. but the problem now, that threatens to boil over and like you said, they really, the chinese worry about millions of north koreans flooding into china, at a time when the chinese economy is starting to slow
to china. china is terrified if the regime falls and north korea, they're going to have all the refugees in china. so china has an interest, but we need to convince china they need to do something. because north korea's not going to listen to us. >> no, and you're absolutely right. and especially from what you saw the times you've been in north korea. those people can't see themselves. without the chinese help, they give 75, 80% of the food, fuel, and transportation fuel. and without...
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Mar 5, 2013
03/13
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CNBC
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of course you've got european problems, maybe china. always the opportunity for just black swan. comes out of nowhere. >> speak with doug just a moment ago. he said most likely would be a black swan that could bring us down. >> so what argument is stronger. mandy's bull case or my bear case? joining us mike ryan, chief investment strategist at ubs, president of kumar global strategies. mike, whose argument are you buying, higher or lower? >> sorry, i'm going with mandy. >> thank you. >> personal value isn't stretched. we're certainly in a cyclical, gaining traction. also qualitative differences we saw the last time earnings were this high or we had the market this high rather. what we've seen instead of being driven purely by financials it's being driven more broadly, support a policy backdrop. all the reasons mandy cited and more suggest this market will grind higher. >> team mandy. what about you, team mandy or team brian over here. >> unfortunately ladies first i have to agree but today i have to go with brian on this. i think in addition to the negative case that he put forth
of course you've got european problems, maybe china. always the opportunity for just black swan. comes out of nowhere. >> speak with doug just a moment ago. he said most likely would be a black swan that could bring us down. >> so what argument is stronger. mandy's bull case or my bear case? joining us mike ryan, chief investment strategist at ubs, president of kumar global strategies. mike, whose argument are you buying, higher or lower? >> sorry, i'm going with mandy....
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Mar 26, 2013
03/13
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FOXNEWSW
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that is the department of education. >> kimberly: no wonder that china is crushing us. district up next, march madness and dana brings us up to date. plus, we debate if athletes should get a slice of the billion-dollar pie coming up. ♪ [ male announcer ] this is joe woods' first day of work. and his new ss told him two ings -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> dana: how sweet it is. dana on sports. sweet 16, that is. golf cost university. let me tell you how much i have been looked forward to this today. i like a small school is doing well. florida gulf coast. take a look. >> what we used to do in the they. right? whoo! winding up. >> dana: that is what i was like when i saw it. whoo! the
that is the department of education. >> kimberly: no wonder that china is crushing us. district up next, march madness and dana brings us up to date. plus, we debate if athletes should get a slice of the billion-dollar pie coming up. ♪ [ male announcer ] this is joe woods' first day of work. and his new ss told him two ings -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing...
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Mar 4, 2013
03/13
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CNNW
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back in china. with prices rising month on month one percent or so. the chinese government have been very worried about this for some time. it's the clearest indication of potential overheating in the economy. so what they did today was basically introduced new measures. they are trying to take the air out of the balloon. they've raised interest rates. they've raised down payments. they've said they're going enforce capital gains tax at 20%. all these measures designed to make people think twice before buying a home. oh, and i've slightly buried the lead here, as we say, because their bet was dramatic, john. the shanghai market was down 3.5%. >> wow. these are the kind of things you can do in a completely manageded economy. back here -- go ahead. >> well, well, you can do it in -- you could do it in another economy, some would say, alan greenspan could have -- they're less dramatic than hitting over the head with interest rates. israel does them. quite a few countries go underneath the interest rate
back in china. with prices rising month on month one percent or so. the chinese government have been very worried about this for some time. it's the clearest indication of potential overheating in the economy. so what they did today was basically introduced new measures. they are trying to take the air out of the balloon. they've raised interest rates. they've raised down payments. they've said they're going enforce capital gains tax at 20%. all these measures designed to make people think...
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Mar 2, 2013
03/13
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CNNW
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we're taking tips from china and using with it tips from india and africa and south america, and that all comes together. part of our challenge in life, for everyone, is to keep checking off the items. your pulse right now is actually around 70, which is good. a pulse of 70 is a good number to have because when women have pulses that are above 90, had they're sitting downering doing nothing, it's a big issue. you talk about sicilian women digging their heels in, when it's pitter-patter, it's an issue. >> sicilian women,io ago sicilian mentality, remain calm. after, when it's least expected. no, i always think to myself when i'm really down, i honestly, i think about what it feels like to be happy. what it feels like to be well. what it feels like to have everything work out smoothly. even if it's not because if you can't feel it, how are you going to ever get it? and even if you don't have it right now, i like to feel it anyway. >> you have a new reality show. i want to show it to everybody. take a look. >> it went much smoother than i thought. i was able to do those steps. i mean, on
we're taking tips from china and using with it tips from india and africa and south america, and that all comes together. part of our challenge in life, for everyone, is to keep checking off the items. your pulse right now is actually around 70, which is good. a pulse of 70 is a good number to have because when women have pulses that are above 90, had they're sitting downering doing nothing, it's a big issue. you talk about sicilian women digging their heels in, when it's pitter-patter, it's an...
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168
Mar 10, 2013
03/13
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KPIX
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we're shipping those to china. that's the most profound happiness i find. >> reporter: her marylandor factory now has about 60 employees and she plans to add 15-20 more in the coming months to satisfy growing demand for her "made in america" candles all around world. chip reid, cbs news, glen burney, maryland. >> axelrod: later, evidence that burn pits in iraq and afghanistan put the health of u.s. soldiers at risk. yankee closure mariano rivera says this is the season that will close his career. and why the head of goldman sachs supports marriage equality. those stories when the cbs evening news continues. evening news continues. maximum strength solutions for all hemorrhoid symptoms. from the brand doctors recommend most. preparation h. don't stand for hemorrhoids. ...so you say men are superior drivers? yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. silence. are you in good hands? when you have diabetes... your doctor
we're shipping those to china. that's the most profound happiness i find. >> reporter: her marylandor factory now has about 60 employees and she plans to add 15-20 more in the coming months to satisfy growing demand for her "made in america" candles all around world. chip reid, cbs news, glen burney, maryland. >> axelrod: later, evidence that burn pits in iraq and afghanistan put the health of u.s. soldiers at risk. yankee closure mariano rivera says this is the season...
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china just about the only, one. very few places that will still lend to the venezuela or hugo chavez, now nicholas maduro. china said they will lend the money to venezuela, if venezuela will deposit all of its gold reserves in chinese banks. so the chinese don't trust the venezuelan government either. >> amazing. now we get to the final point. i interviewed chavez several times. once in prison back in '92. once when he came here. in fact he gave me a little momento of that occasion, a little pocket kbstution. signed it or i don't know whether i should burn it or keep it for posterity sake. he was typical, which means latin american dictator, strong man. look at testimonies. you expect it from oliver stone. oliver stone says i mourn a great hero. but even the british foreign secretary i was saddened to learn of the death of hugo chavez. as president of venezuela he is left a lasting impression. and the colombian president, santos, chavez said the colombians were the enemy. a great lose for venezuela and the region on
china just about the only, one. very few places that will still lend to the venezuela or hugo chavez, now nicholas maduro. china said they will lend the money to venezuela, if venezuela will deposit all of its gold reserves in chinese banks. so the chinese don't trust the venezuelan government either. >> amazing. now we get to the final point. i interviewed chavez several times. once in prison back in '92. once when he came here. in fact he gave me a little momento of that occasion, a...
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a ping-pong tournament in 1971 opened up china. could it happen again with kim jong-un? >> he loves basketball. obama loves basketball. let's start there. >> do you get any sense from him that he was looking to change the relationship with the united states? >> one thing i know about him, he's very humble. >> reporter: so what's next? >> i'm going back and find out more. what's really going on. find out more. >> next time you go back, you should bring this report from human rights watch. >> don't hate me. don't hate me. >> reporter: a white house official telling me tonight the u.s. has direct channelling to -- channels to north korea. other officials saying look at what the north koreans are doing, not what rodman says they're saying. >> something to see this morning. thank you. >>> speaking of the white house, the man who hoped to be living there, mitt romney, is talking for the first time about his loss and about how badly he still wants it as he watches washington now from afar. here's what he told fox news. >> i look at what's happening right now. i wish i were ther
a ping-pong tournament in 1971 opened up china. could it happen again with kim jong-un? >> he loves basketball. obama loves basketball. let's start there. >> do you get any sense from him that he was looking to change the relationship with the united states? >> one thing i know about him, he's very humble. >> reporter: so what's next? >> i'm going back and find out more. what's really going on. find out more. >> next time you go back, you should bring this...
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. >>> a baby's brutal death is sparking outrage in china. a man confessed to strangling an infant he found in a car he stole. the case has led to an outpouring of shock and grief online. >> it started with on online outcry, which led to a massive man hunt and ended in tragedy. it happened in china when his father went to turn on the heat in a supermarket. when he came outside, the car was missing. went to the local authorities who alerted citizens on the twitter like service here in china and they went to it and they drove starting a man hunt online, which ended with a man hunt on the ground. no sign of the child. 36 hours later, after china was on hooks, this happened. a man came into local police station. he said that he had strangled the child after he had heard about the outcry and buried him in the snow. f the incident has led to real soul searching here in china, many people venting their opinions. one person saying compared to the criminal, i'm more irritated by the parents. what kind of people will leave their babies alone in cars? a
. >>> a baby's brutal death is sparking outrage in china. a man confessed to strangling an infant he found in a car he stole. the case has led to an outpouring of shock and grief online. >> it started with on online outcry, which led to a massive man hunt and ended in tragedy. it happened in china when his father went to turn on the heat in a supermarket. when he came outside, the car was missing. went to the local authorities who alerted citizens on the twitter like service here...
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it's like watching china back in the days of mao. he's a totalitarian state, yet there's a sort of, amid the naive ti, there's an openness about what rodman's done here, opening up perhaps the blog to get somebody in a more official capacity, a more sensitive capacity perhaps to do some proper talking with the north koreans. which has to be in the end the right way to go. >> i can hear in my mind's ear, people in the state department scoffing and laughing and saying, he doesn't know what he's talking about. but these types of small things, small acorn, if you will, literal oaks can grow. i'm not saying it will grow in this case. by the way, i've been inside that stadium, and it's a sight to behold. 150,000 people or something. but we know this about the -- now the ruler of north korea, that he was educated outside the country. that's when he became a basketball fan. we knew before he ascended to this role that he was a big fan of basketball. and he knows who dennis rodman is. how many world leaders even know who dennis rodman is. he'
it's like watching china back in the days of mao. he's a totalitarian state, yet there's a sort of, amid the naive ti, there's an openness about what rodman's done here, opening up perhaps the blog to get somebody in a more official capacity, a more sensitive capacity perhaps to do some proper talking with the north koreans. which has to be in the end the right way to go. >> i can hear in my mind's ear, people in the state department scoffing and laughing and saying, he doesn't know what...
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it is worse for china than us i think. melissa: it is. james, do we have the fundamentals to back it up? cash is pouring in, propping up assets but go ahead. >> i wouldn't really see this as a hot money problem because our rates are so low here not like people are coming here to get the nearly nothing return on u.s. government debt. melissa: yeah. >> so i think it is a good news story. says like a lot of people on wall street have an about saying we're still the best house in a bad neighborhood of developed economies and let's get worried when people decide the u.s. is no longer an a good investment. melissa: do you agree with that? is it attractive enough to be most attractive horse in a glue factory? >> we know people are buying hard assets. they're buying companies and buying real estate. that stuff you can not sell that overnight. it is not that liquid. reflection of money here to stay at least for longer period of time. i think all the other points made were great. it also points out this is very much, when you look at rest of the wo
it is worse for china than us i think. melissa: it is. james, do we have the fundamentals to back it up? cash is pouring in, propping up assets but go ahead. >> i wouldn't really see this as a hot money problem because our rates are so low here not like people are coming here to get the nearly nothing return on u.s. government debt. melissa: yeah. >> so i think it is a good news story. says like a lot of people on wall street have an about saying we're still the best house in a bad...
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but i thinks china was a totally different story. i think the pariah state of north korea is not the place the president wants to shoot hoops in or with. >> eric: exactly. now let's move to israel and the president's upcoming visit. what do you think can be achieved? >> i know the white house is trying to lower expectations. i think also the israeli leadership is trying to lower expect eggs because as we know, the higher expectations, the higher the disappointment. but i must tell you that among the israeli people, there are very high expectations. we don't think the president is coming for a photo. i think he means business. i am sure that he will get a briefing from secretary kerry, following his nine-state visit to the region, which will make clear to the president something which i am sure he knows: that this is a totally different region to the one he visited as a senator just over four years ago. it's a volatile region, where the exeemists are taking over. senator kerry must have witnessed it in egypt. syria is in total chaos,
but i thinks china was a totally different story. i think the pariah state of north korea is not the place the president wants to shoot hoops in or with. >> eric: exactly. now let's move to israel and the president's upcoming visit. what do you think can be achieved? >> i know the white house is trying to lower expectations. i think also the israeli leadership is trying to lower expect eggs because as we know, the higher expectations, the higher the disappointment. but i must tell...
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. >> greta: is the only solution china? >> i think the only solution is ending the korean regime by unifying the peninsula. china can apply, but they're afraid cutting off energy or food or humanitarian resistance and the system will collapse and-- >> get the refugees. >> and why we should have done to china and should have done it ten years ago, to explain there has to be a peaceful unification. i think the younger generation understands that, but the older generation that's resistent. >> greta: what's going to happen? >> i think that the possibility of some military incident like the sinking two and a half years ago of the south korean corps, and one shelling of one of the islands, provocation across the dmz is real and it's a question of containing it and not allowing it to escalate without control. but i don't think we ought to be in a position where we have to deal with this irrational hitler in the bunker mentality regime in north korea. >> what are we going to do if we don't get china to do something. >> he better la
. >> greta: is the only solution china? >> i think the only solution is ending the korean regime by unifying the peninsula. china can apply, but they're afraid cutting off energy or food or humanitarian resistance and the system will collapse and-- >> get the refugees. >> and why we should have done to china and should have done it ten years ago, to explain there has to be a peaceful unification. i think the younger generation understands that, but the older generation...
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. >> when i was back in my private equity days we went to china to buy a factory that employed 20,000 people, women between the ages of 18 and 22 or 23. >> it was that anecdote, that casual reference to buying a factory in china that scott prouty said made him sit up and take notice. this recording that he was making just for himself, for a souvenir of the evening might end up being a politically important thing. the way mitt romney was talking on the campaign trail, he realized was not the way romney was talking at private meetings. he never could have imagined mitt romney telling the public these stories about shopping for factories in china with horrible work environments. ultimately, what this guy was doing, what he was doing in private was not the same thing as in public. this every day guy, a political bartender heard that and decided this recording he was making was important and he had to go public with it. he thought everybody should know what mitt romney thought about issues like this. what he thought when he was talking behind closed doors. when he was talking behind closed
. >> when i was back in my private equity days we went to china to buy a factory that employed 20,000 people, women between the ages of 18 and 22 or 23. >> it was that anecdote, that casual reference to buying a factory in china that scott prouty said made him sit up and take notice. this recording that he was making just for himself, for a souvenir of the evening might end up being a politically important thing. the way mitt romney was talking on the campaign trail, he realized was...
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they're not copying the former soviet union, not even copying china. >> america is extraordinary, not bus of who we are but because of what we do. >> instead of looking to washington, and to government, we will see the greatness of our country. excellence. >> i'm a conservative because i believe and understand that real peace comes from the marine corps, not the peace corps. when you have a federally sponsored jail break -- that's exactly what this is, a federally sponsored jailbreak you cross the line from politics and spin to politics as a craven form of cynicism. where everything goes. everything goes. in order to win the next election. >> obamacare is an as toty. we're talking about $800 billion of new taxes. the g.o.p. of old has green stale and moss-covered. applause. >> i don't think we need to name any names, do we? >> as soon as i'm done speaking, i'll tell you about the criticism on the left. number one, he drank too much water number. two he didn't offer any new ideas. and there's the fallacy of it. we don't need a new idea. there is an idea. the idea is called america and
they're not copying the former soviet union, not even copying china. >> america is extraordinary, not bus of who we are but because of what we do. >> instead of looking to washington, and to government, we will see the greatness of our country. excellence. >> i'm a conservative because i believe and understand that real peace comes from the marine corps, not the peace corps. when you have a federally sponsored jail break -- that's exactly what this is, a federally sponsored...
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i didn't hear anything publicly from china, where are they on this? >> it is interesting. all . indications that we have recently, north korea's great friend the chinese is getting frustrated with the koreans almost as much as we are. they want stability in the peninsula and don't want a massive flood of fredge fredge refugeeses . by the same token they view themselves as socialist partners and they are trying to do a balancing act to dampen down the level of violence, but at the same time they are deal the same guy kim jong-un . the chinese haven't figured out how to deal with this guy. >> let's talk readiness. 28,000 american troops there in south korea and kim jong-un turned 30 years old in january. people are saying they don't know him as well as they know his dad. he doesn't have that track rorted. how concerned are you that he might feel compelled to do in order not to lose face. how ready are our troop to deal with it. remember the response will probably come from the south. it will take possibly take bombardment and attack on south korean natural vessels and it could com
i didn't hear anything publicly from china, where are they on this? >> it is interesting. all . indications that we have recently, north korea's great friend the chinese is getting frustrated with the koreans almost as much as we are. they want stability in the peninsula and don't want a massive flood of fredge fredge refugeeses . by the same token they view themselves as socialist partners and they are trying to do a balancing act to dampen down the level of violence, but at the same...
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also the china data wasn't very good overnight. the dow, the s&p in positive territory, if we can have a look at europe as it's the european close, i could show you that much of europe is -- there we go. it's in negative territory. notably what is happening in italy. italy's fallen badly today, reacting to news that we had on friday's session in the afternoon that fitch is catching up with the rest of the ratings agency and downgrading it one notch to bbb-plus as a result of the indiciveness of the elections. the italian financials have taken it on the chin. a lot of those are in negative territory. and we continue to focus on what is happening with the italian bond market as well. scott, don't forget that friday is when the italian parliament will finally meet. these are some of the banks that fell today. friday is when they meet and hopefully at that point we'll get some clarity as to whether or not we're heading back to another election in italy. >> simon, thanks so much. we'll see how the u.s. markets fare now that europe has c
also the china data wasn't very good overnight. the dow, the s&p in positive territory, if we can have a look at europe as it's the european close, i could show you that much of europe is -- there we go. it's in negative territory. notably what is happening in italy. italy's fallen badly today, reacting to news that we had on friday's session in the afternoon that fitch is catching up with the rest of the ratings agency and downgrading it one notch to bbb-plus as a result of the...
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>> by nation states. >> we certainly know that china is, or we believe china to be behind some of this industrial spying but i'm talking about the last thing that he said about, and we know that terrorists are looking to do the kinds of things you talked about, shutting down -- >> different issues there. we know that terrorists, non-nation states are seeking the capability to do cyber attacks. >> right. >> they're probably not there yet. here's the other problem, a non-rational actor, iran, is already at the shores of the united states with cyber attacks, and that's what's so concerning. i think that's why all of us, dutch and i have been working so hard on that. >> let's talk about that. we have a tax rigattacks, wall street has been attacked. other capabilities from other countries including iran to knock out our grid system, to attack some of our banks, icana has probably stolen more trade secrets, the largest amount of theft in the history of the world and we have got to stop this. one of the issues out there, mike and i have been working on this for two years and we put together a
>> by nation states. >> we certainly know that china is, or we believe china to be behind some of this industrial spying but i'm talking about the last thing that he said about, and we know that terrorists are looking to do the kinds of things you talked about, shutting down -- >> different issues there. we know that terrorists, non-nation states are seeking the capability to do cyber attacks. >> right. >> they're probably not there yet. here's the other problem, a...
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it could be if they are bringing on a new one. >> we areealready seeing case leaks out of china. it may be the same sort of design as this ipad. stuart: i have to jump on facebook. they had this new newsfeed. i am sure you have seen it. >> i think it is great for consumers. they get to see larger photos of their friends kids right in their newsfeed. if you are into music and you want to listen to a feed, you get it all right on the screen. however, if both good for tumors. i think facebook yours are doing it because advertisers are bad because you are getting hit with advertiser garbage. you may be happier because you are seeing bigger pictures of your friends. stuart: pictures or music coming up on the screen, how do you expect everybody to just know how to do it. >> they are not expecting you to do it. they are doing it for you. it is the redesign of bigger is better. that is what they think. you scared me for a second when you said you're going to to jump on facebook. stuart: google going after amazon. suggesting trying to move toward same-day delivery. what do you make of tha
it could be if they are bringing on a new one. >> we areealready seeing case leaks out of china. it may be the same sort of design as this ipad. stuart: i have to jump on facebook. they had this new newsfeed. i am sure you have seen it. >> i think it is great for consumers. they get to see larger photos of their friends kids right in their newsfeed. if you are into music and you want to listen to a feed, you get it all right on the screen. however, if both good for tumors. i think...
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it contained provisions that china had been reluctant to contemplate. and now given the latest in the series of provocations and the fact that north korea is picture action that threatens china's peace and stability, as well as that of the larger international community, they too, be agreed it was time for much tougher action. >> as you know, there are nearly 30,000 u.s. troops along the dem de demilitarized zone, facing a potential million troops on the other side with heavy artillery. are they going on high alert as a result of these threats coming from north korea right now? >> well, i can't comment on the alert status of our forces. but i can tell you we are always vigilant, and prepared in the coming days. we'll be in the process of a military exercise with south korea, which is something we do regularly. and that also is the reason for our particular vigilance about what may be going on. >> dennis rodman visited north korea and actually spent two days with kim jong-un, as far as we know the first american to actually meet the young korean leader.
it contained provisions that china had been reluctant to contemplate. and now given the latest in the series of provocations and the fact that north korea is picture action that threatens china's peace and stability, as well as that of the larger international community, they too, be agreed it was time for much tougher action. >> as you know, there are nearly 30,000 u.s. troops along the dem de demilitarized zone, facing a potential million troops on the other side with heavy artillery....
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their competitors are still putting this on the boat in china when they are shipping it out to the stores. liz: they are fast and figured it out. thank you very much. we have it on the screen. great to see you. thank you for being here. >> pleasure. good to see you. >> scott investment chief international strategist, the fund is 7%. about 14% over the last year. closing bell ringing in five minute, gains of 70 points, things look good for the s&p too up 2% as well. this week's biggest winner is next. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wall
their competitors are still putting this on the boat in china when they are shipping it out to the stores. liz: they are fast and figured it out. thank you very much. we have it on the screen. great to see you. thank you for being here. >> pleasure. good to see you. >> scott investment chief international strategist, the fund is 7%. about 14% over the last year. closing bell ringing in five minute, gains of 70 points, things look good for the s&p too up 2% as well. this week's...
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the consumer product companies because we think there is incredible growth in africa, as trade with china continues to grow as that market begins to develop. there are great opportunities. vietnam is another example of long-term growth, but you have to remember that those are much less stable and much less developed financial markets and much less developed economies, so there correspondingly, a lot more risky. we only use them as a bit of spice in the portfolio. liz: happy holiday weekend. thank you. >> thank you. liz: wells fargo advantage emerging markets equity fund manager. we will put all of his information on the facebook.com/lizclaman pages well. from billionaire investors to top ceos, this week we have the biggest investment names and business on "countdown to the closing bell." take a look. >> 787 problem is one that is probably a little bit more complicated than most development problems you will have with you aircraft, but we have always felt that time would, in fact, produce a solution. we have great confidence in this airplane. >> our argument has been from day number one th
the consumer product companies because we think there is incredible growth in africa, as trade with china continues to grow as that market begins to develop. there are great opportunities. vietnam is another example of long-term growth, but you have to remember that those are much less stable and much less developed financial markets and much less developed economies, so there correspondingly, a lot more risky. we only use them as a bit of spice in the portfolio. liz: happy holiday weekend....
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china has influence with north korea. it doesn't want implosion of that regime but it's having its own struggles with sensible dialogue with a new leader. so china is also very frustrated, although it's not likely to take decisive action. >> the endgame, remind us for the north koreans, no matter who their leader? >> the endgame is to survive. this is a criminal state. they make money off of a variety of unsavory and illegal activities. they want to continue here. they want to have normal relation with the world. they want to keep their nuclear weapons. and the dilemma in north korea with a untested leader is somebody going to tell him you can't have one or two of those, you certainly can't have all three. >> p.j. crowley. thank you. >>> there is breaking news now on "fox news channel" just in to our newsroom. word a bomb has exploded in athens, greece near the acropolis. a popular destination for tourists. it's not clear to us at this moment what the target was. we have no word yet on damage but we're told the explosion
china has influence with north korea. it doesn't want implosion of that regime but it's having its own struggles with sensible dialogue with a new leader. so china is also very frustrated, although it's not likely to take decisive action. >> the endgame, remind us for the north koreans, no matter who their leader? >> the endgame is to survive. this is a criminal state. they make money off of a variety of unsavory and illegal activities. they want to continue here. they want to have...
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i think china is a great place to be right now. fxi is the trade. i've been waiting all week for them to make comments about supporting the stock market, about supporting economy. we got that last night. china, the fxi, is up 26% from the december lows as compared to the s&p, only up 14. >> what was it specifically? 10% increase in spending on stimulus programs? what exactly was it? >> no, it actually was the fact they talked about the pension funds need to expand their scope of investments. so, to me, that is kind of a first step in, where else are they going to invest, instead of real estate. >> if it's had such outperformance, versus the s&p, isn't that, you know, some place that say it's already priced a lot of that in? >> it's come off a little bit. 26% run, it's come off, 6%, 7% from the peak. it's held, fxi's held 38, the shanghai composite held $22.50. so me, that's my stop point. that's support there. and i think it's going higher. >> this is my favorite trade of the day. >> yes, bought some jcpenney out of the money calls. but it really wa
i think china is a great place to be right now. fxi is the trade. i've been waiting all week for them to make comments about supporting the stock market, about supporting economy. we got that last night. china, the fxi, is up 26% from the december lows as compared to the s&p, only up 14. >> what was it specifically? 10% increase in spending on stimulus programs? what exactly was it? >> no, it actually was the fact they talked about the pension funds need to expand their scope of...
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he wants to build a great wall of china along the rio grande. anyway, this is "hardball." the place for politics. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> back to "hardball." now to the sideshow. part of the post election republican autopsy released last week by rnc chair reince priebus was about immigration reform. bottom line, republicans need to stop saying things that minority populations find to be out of touch or worse plain offensive. for example, don't compare the fence we could put up at the border to the great wall of china. well, iowa congressman, steve king. have at it. >> we've heard the arguments against the fence. people said, well, you can't build a 2,000 mile long fence. and as if somehow that would be too much of an engineering marvel. i've been over there to take a look at the great wall of china that was built more than 2,000 years ago. and that's 5,500
he wants to build a great wall of china along the rio grande. anyway, this is "hardball." the place for politics. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> back to "hardball." now to the sideshow. part of the post election republican autopsy released last week by rnc...
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. ♪ [ale announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invt with confidence. request a prpectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ melissa: to the markets, always a way to be making money. we told you yesterday that the boeing 787 test flight could impact stock, and sure enough it did. shares climbing more than 2 percent after boeing reported the flight went according to plan. boeing will not conduct certification demonstration flight with safety officials and will test proposed fixes to the dream liner lithium ion batteries under normal flight conditions. they have yet to set a date, but if successful it will be a big step toward giving the 787 back in service. ever wonder how much your facebook like work tw
. ♪ [ale announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invt with confidence. request a prpectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Mar 8, 2013
03/13
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CNNW
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millions of refugees would pour into china. now they may be more afraid of these guys getting nuclear weapons and even trying to blackmail the chinese regime into getting what they want. when they abandon them, this situation gets very dangerous indeed, that's what we're seeing this week, the threats back and forth. this is serious. >> this is serious. jim clancy, thank you very much. >>> coming up next, our hot topics panel here. bill clinton reversing his stance on gay marriage. is he protecting his legacy here? remember, he was the one that signed the defense of marriage act into law. >>> plus, the trial of bin laden's son-in-law. get gitmo or gotham? >>> and justin bieber, this one will hit a nerve. our panelists are standing by. matt's brakes didn't sound right... ...so i brought my car to mike at meineke... ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> here we are, the part of the show where, for the next 20 minutes, we'r
millions of refugees would pour into china. now they may be more afraid of these guys getting nuclear weapons and even trying to blackmail the chinese regime into getting what they want. when they abandon them, this situation gets very dangerous indeed, that's what we're seeing this week, the threats back and forth. this is serious. >> this is serious. jim clancy, thank you very much. >>> coming up next, our hot topics panel here. bill clinton reversing his stance on gay...
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Mar 29, 2013
03/13
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FBC
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firms in china are victims of data theft. chamber of commerce and trade secrets were compromised and stolen from their china operations. >>> toys "r" us is withdrawing the 800 million initial public offering. it filed it in may 2010. no explanation. diswas provided. >>> new york is raising minimum wage. legislature approved $15 billion budget that included hiking pay from 7.25 an hour to $9 an hour by 2016. that is today's speed read [buzzer] liz: special good friday version. thank you very much. what if your next smartphone screen was nearly unbreakable, unscratchable? i'm talking really unbreakable? no scratches, no nicks, no cracks. one company is hoping to make that reality using sapphire instead of glass. the catch? it will maybe your cell phone a lot costlier and maybe heavier. hey you will save money, right. if you don't have to keep replacing it. tom gutierrez, ceo of ge -- gte advantagesed technologies. i have personally tested corning your competitor's gorilla glass. but you say this sapphire material made out of sa
firms in china are victims of data theft. chamber of commerce and trade secrets were compromised and stolen from their china operations. >>> toys "r" us is withdrawing the 800 million initial public offering. it filed it in may 2010. no explanation. diswas provided. >>> new york is raising minimum wage. legislature approved $15 billion budget that included hiking pay from 7.25 an hour to $9 an hour by 2016. that is today's speed read [buzzer] liz: special good friday...
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somebody like ben willis looking to asia, looking to china. and also i talked to mark newton and a couple of guys at gray wolf looking at momentum. they still think the momentum remains to the upside so that'lt will be something we continue to follow. david: we can animate that and show you, but it was yesterday the futures closed at a pretty interesting level that indicated to a lot of traders things are going to kick off pretty hot and they were correct. back to you, david. david: we are talking about lou dobbs, broad-based rally with the dow hitting a new all-time high. the nasdaq at the highest levels, at five and a half year high, but is the economy strong enough to keep the economy going? fox business host lou dobbs is here. kind of a whimpering economy. one of those two going to meet? >> i am not sure they will anytime soon. a bull market everybody talking about long in the tooth because we're talking about an economy in the fourth quarter contracting and now an update to one-tenth of a percent increase in the economy. there is not much
somebody like ben willis looking to asia, looking to china. and also i talked to mark newton and a couple of guys at gray wolf looking at momentum. they still think the momentum remains to the upside so that'lt will be something we continue to follow. david: we can animate that and show you, but it was yesterday the futures closed at a pretty interesting level that indicated to a lot of traders things are going to kick off pretty hot and they were correct. back to you, david. david: we are...